Greg Abbott, Trump Ally, Signs "Exciting" UK/Texas Trade Agreement - The Artistree

Hi, what are you looking for?

News

Greg Abbott, Trump Ally, Signs “Exciting” UK/Texas Trade Agreement

Credits: The Daily Beast

Today, a close political ally of Donald Trump met with Rishi Sunak and Kemi Badenoch as the UK finalized a trade agreement with Texas.

Governor Greg Abbott of the Lone Star State signed the state-level partnership, prompting Prime Minister Sunak to describe the moment as “exciting” for the UK.

Mr. Sunak expressed his enthusiasm to Governor Abbott, labeling the occasion “fantastic” as they convened at Downing Street for the agreement signing.

Greg Abbott (Credits: FOX News)

Although this agreement falls short of being a full-fledged trade deal due to the limited authority of individual US states, it resembles a memorandum of understanding aimed at enhancing cooperation between British and Texan businesses and addressing regulatory barriers to trade.

The Conservative Party’s 2019 manifesto had prioritized achieving a free trade agreement with America. However, progress on this front has stalled, with Ms. Badenoch attributing the delay to a lack of interest from the current US administration.

Greg Abbott (Credits: Newsweek)

the UK has pursued a series of state-level agreements, including those with Indiana in May 2022 and, most recently, with Florida in November of last year.

While these agreements do not offer the tariff reductions associated with free trade deals, they provide some assistance to businesses by recognizing UK qualifications and addressing state-level regulatory issues.

Outside Number 10, Governor Abbott reaffirmed his friendship with Mr. Trump but dismissed rumors of a potential vice presidential candidacy in November.

Click to comment
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

We’re dedicated to providing you the most authenticated news. We’re working to turn our passion for the political industry into a booming online news portal.

You May Also Like

News

In the fiscal year 2022-23, Pakistan’s National Electric Power Regulatory Authority (NEPRA) granted a total of 1,596 net-metering licenses nationwide, collectively amounting to 221.05...

News

Spoilers! The demon Akaza from Kimetsu no Yaiba dies in the eleventh arc of the manga and the one responsible for his death is...

Entertainment

Actress Emma D’Arcy is from the British rebellion. She has only appeared in a small number of movies and TV shows. It might be...

Entertainment

Jennifer Coolidge Is Pregnant: Jennifer Coolidge Audrey Coolidge is a comedian and actress from the United States. Many of her followers are wondering if...

wpDiscuz
wpDiscuz
Exit mobile version